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20121205
20121213
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CNBC 5
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Search Results 0 to 4 of about 5
CNBC
Dec 6, 2012 6:00am EST
like the starting point. so basically the starting point for the republicans is what president obama probably would have viewed as a victory if they had the negotiation. >> yeah, he wanted another 400 supposed supposedly. how does simpson-bowles get to -- how does it raise revenue? what's the number that it raises? >> well, it depends because they have a bunch of different simpson-bowles plans. like in the bowles-simpson report, there are three different tax plans and then the thing that the republicans modeled after was something that bowles said in a hearing. >> it's interesting when you look at what these plans are laid out, yesterday tim geithner said the republicans have not told them how they plan on raising any of this money and that's the big problem they have with this deal. >> i don't think that's true. it's very, very easy to have some kind of bas broadening that raises that much money. the revenues are very easy to make line up especially over a decade. so i think he knows that they could work that out in an even. i think the bottom line is that the president, there's win
CNBC
Dec 10, 2012 6:00am EST
president obama at the white house. but what will it take to get a compromise deal? republican senator john thune will be our guest host for the hour. >> plus starwood hotel ceo frits van paaschen on the effects of the fiscal cliff and avoiding the european recovery model. >> we know big ben. >> parliament. >> the third hour of "squawk box" begins right now. >>> welcome back to "squawk box" here on cnbc. first in business worldwide i'm joe kernen along with becky quick. andrew ross sorkin is off today. we have a big lineup this hour. sitting in andrew's seat our guest host, senator john thune. he is with us for the hour to talk about the fiscal cliff. talk about jobs. and a lot more. we're also going to speak to the president of telemundo media. emilio row mano. we're going to convene an economic summit to tackle america's debt crisis and outline growth scenarios for 2013. in addition to solving our budget problems and the fiscal cliff, we're also going to figure out how it affects the hotel industry with starwood's hotel ceo frits van paaschen who will join us on set. first, t
CNBC
Dec 5, 2012 6:00am EST
of the reason the republicans are so reluctant to do business with obama is they got rolled in the first two years. and the other thing is when they hear the rhetoric coming from the left, listen to people like paul krugman who says we've got to print money and borrow money. they're horrified. you take that message down south to a lot of constituencies and they don't want to deal with. so, you know, i think it's a strange time. we do have great polarization, but you're not going to convince the tea party types that the grow through more debt route is a good plan. they're never going to embrace that. >> but john boehner yesterday moved two tea party people off the budget committee. >> he better be careful because he could get fired very easily. >> i saw yesterday on twitter already there was a fire boehner -- >> he almost got fired last year. >> he's been on the bubble for some time now. although, i'm under the impression and reporting has suggested that the relationship between the two camps has gotten better. but clearly if you're eric cantor, why wouldn't you want to be speaker o
CNBC
Dec 11, 2012 6:00am EST
because they don't want their fingerprints on a plan to save this country. president obama's last two budgets have been voted on three times in congress, final vote tally 0 to 610. until i see a plan on the table -- >> the republicans get their way, you get through this fiscal cliff, let's say there is some sort of a deal, you're going to be right back in the same situation in six weeks talking about the deficit, the debt ceiling again. >> if republicans had their way, we would be spending $7 trillion less over the next ten years, that's the difference between the house budget and the president's budget. $7 trillion. we're always talking about minimum of $4 trillion. well the house budget has already done that. they've laid that -- put that template out there, because that's what a budget is, showing this is the most you can spend. now take that information committees and start crafting the legislation under that fiscal constraint. that's the way the process ought to work. then you actually have elected officials debating back and forth in committees and committee markup, in the view
CNBC
Dec 12, 2012 6:00am EST
republicans it would include an overhaul of corporate taxes in any budget deal. that hasn't been done before. in an exclusive interview with barbara walters of abc news, president obama says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill in this town that recognize our economy will be much better off. american families will be much better off if we get this done. the most important thing we can do is make sure that middle-class taxes do not go up on january 1. and i'm pretty confident that republicans would not hold middle-class taxes hostage to try to protect tax cuts for high-income individuals. >> prediction -- are you going to be able to raise taxes, yes or no? >> oh -- taxes are going to go up one way or the other. >> they are? >> i think the key is to make sure that taxes go up on high-end individuals like you and me, barbara. we can afford it. >> you can see the rest of that interview on "20/20" this friday. >>> markets are watching every move out of washington. the industrials opened higher by 45. the nasdaq
Search Results 0 to 4 of about 5